The measures taken to limit global warming to 1.5 degrees Celsius are "lagging significantly," according to a new research released on Tuesday.
The report comes ahead of the COP28 UN Climate Change Conference going to be held in Dubai at the end of the month.
The report was published by a consortium of think tanks including Climate Action Tracker, the United Nations Climate Change High-Level Champions and World Resources Institute.
What are the findings of the report?
The "State of Climate Action" report found that 41 of 42 indicators assessed are not on track to achieve their 2030 targets.
It reveals that only one indicator — focused on increasing sales of electric trucks and the share of EVs in the passenger car fleet was on track to meet the goals that were set as per the 2015 Paris Agreement.
Another key finding of the report is that half of the indicators are falling behind by an extent so large that to get them on track, efforts need to be expedited twice as quickly as at present.
India’s economy will become carbon neutral by the year 2070, the country’s prime minster has announced at the COP26 climate crisis summit in Glasgow. The target date is two decades beyond what scientists say is needed to avert catastrophic climate impacts. India is the last of the world’s major carbon polluters to announce a net-zero target, with China saying it would reach that goal in 2060, and the United States and the European Union aiming for 2050.
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
China's carbon emissions are vast and growing, dwarfing those of other countries. Experts agree that without big reductions in China's emissions, the world cannot win the fight against climate change. In 2020, China's President Xi Jinping said his country would aim for its emissions to reach their highest point before 2030 and for carbon neutrality before 2060. His statement has now been confirmed as China's official position ahead of the COP26 global climate summit in Glasgow. But China has not said exactly how these goals will be achieved.
A crucial U.N. conference heard calls on its first day for the world's major economies to keep their promises of financial help to address the climate crisis, while big polluters India and Brazil made new commitments to cut emissions. World leaders, environmental experts and activists all pleaded for decisive action to halt the global warming which threatens the future of the planet at the start of the two-week COP26 summit in the Scottish city of Glasgow on Monday. The task facing negotiators was made even more daunting by the failure of the Group of 20 major industrial nations to agree ambitious new commitments at the weekend.